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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 1b 10b

PINNACLE ADVISORY GROUP, INC.

CRD 107757

COLUMBIA, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:b0252db7-9c8d-65e9-9691-acac4d789b0a

Data as of Mar 9, 2021 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:45 PM UTC and rebuilt at most every 15 minutes.

Relationships: 39
Dated events: 2
On other graphs: 0
Observed: Mar 26, 2012 to Mar 9, 2021
32 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $2.3BItem 5.F on the latest filing (2021-03-09); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $2.3B
Private client RAUM: $1.8BderivedItem 5.D individuals plus high net worth individuals
Private client share: 77%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 45
Advisory employees: 23
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 5,742
Individual clients: 612
High net worth clients: 554
Custody, client assets: $555M
SEC number: 801-43156
CRD: 107757
Filings on the tape: 32
First filed: Mar 26, 2012
Latest filed: Mar 9, 2021
Organised: Corporation, Maryland

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
DILLON, SEAN, PATRICK	CHIEF INVESTMENT STRATEGIST	Na	yes	09/2020	Oct 1, 2020	Mar 9, 2021
HILL, JOHN, ROBERT	CHIEF EXECUTIVE OFFICER	C	yes	07/2004	Mar 26, 2012	Mar 9, 2021
KAUFFMAN, DAVID, BRAD	PARTNER / EXECUTIVE	Na	yes	05/2016	Aug 25, 2016	Mar 9, 2021
KRIEBEL, DEBRA, CLOUD	PARTNER / EXECUTIVE	Na	yes	07/2004	Mar 26, 2012	Mar 9, 2021
MASON, JOSHUA, AKEROYD	PARTNER / EXECUTIVE	Na	yes	01/2013	May 13, 2013	Mar 9, 2021
MIKULIS, DWIGHT, ANDREW	MANAGING PARTNER	C	yes	07/2004	Mar 26, 2012	Mar 9, 2021
NOBLE, CARL, WESLEY	CHIEF INVESTMENT OFFICER	Na	yes	09/2020	Oct 1, 2020	Mar 9, 2021
SOLOW, KENNETH, REID	CHAIRMAN OF THE INVESTMENT COMMITTEE	C	yes	07/2004	Mar 26, 2012	Mar 9, 2021
TROLL, JEFFREY, KEITH	PARTNER / EXECUTIVE	Na	yes	05/2016	Aug 25, 2016	Mar 9, 2021
Wendell, Erin, Marie	CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER	Na	yes	01/2017	Mar 28, 2018	Mar 9, 2021
KITCES, MICHAEL, ERNEST	Partner	Na	no	01/2012	Mar 26, 2012	Mar 9, 2021
VOLLARO, RICHARD, DONALD	Partner	Na	no	01/2008	Mar 26, 2012	Mar 9, 2021

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Miami	FL	United States	4	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2020	Mar 9, 2021	$2.3B	$2.3B	45	23	1	n/a	n/a
2019	Mar 18, 2020	$2.1B	$2.1B	48	24	2	n/a	n/a
2018	Mar 18, 2019	$2.0B	$2.0B	50	28	3	n/a	n/a
2017	Mar 28, 2018	$2.1B	$2.1B	54	28	2	n/a	n/a
2016	Mar 29, 2017	$1.8B	$1.8B	52	26	n/a	n/a	n/a
2015	Mar 30, 2016	$1.6B	$1.6B	51	26	n/a	n/a	n/a
2014	Mar 26, 2015	$1.4B	$1.4B	38	18	n/a	n/a	n/a
2013	Mar 10, 2014	$1.2B	$1.2B	33	16	n/a	n/a	n/a
2012	Feb 12, 2013	$1.0B	$1.0B	30	14	n/a	n/a	n/a
2011	Mar 26, 2012	$897M	$897M	n/a	n/a	n/a	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2020	$2.3B	$2.1B	8.5%	$2.1B	4.2%	45	48	1	2

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
CW ADVISORS, LLC	3	May 17, 2021	Apr 29, 2021	MIAMI, FL	Team lift out	RIA to RIA	16.7%
CW ADVISORS, LLC	15	May 17, 2021	Jan 1, 2025	COLUMBIA, MD	Firm absorbed	RIA to RIA	83.3%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
THE ENRICHMENT GROUP, INC.	2	Sep 4, 2015	Nov 3, 2015	MIAMI, FL	Team lift out	Other	66.7%

Relationships

Controls (10)

← MIKULIS, DWIGHT, ANDREWOwnerMANAGING PARTNER, ownership code C, individual
Mar 26, 2012 to presentfactForm ADV
← HILL, JOHN, ROBERTOwnerCHIEF EXECUTIVE OFFICER, ownership code C, individual
Mar 26, 2012 to presentfactForm ADV
← KAUFFMAN, DAVID, BRADOwnerPARTNER / EXECUTIVE, ownership code NA, individual
Aug 25, 2016 to presentfactForm ADV
← MASON, JOSHUA, AKEROYDOwnerPARTNER / EXECUTIVE, ownership code NA, individual
May 13, 2013 to presentfactForm ADV
← TROLL, JEFFREY, KEITHOwnerPARTNER / EXECUTIVE, ownership code NA, individual
Aug 25, 2016 to presentfactForm ADV
← SOLOW, KENNETH, REIDOwnerCHAIRMAN OF THE INVESTMENT COMMITTEE, ownership code C, individual
Mar 26, 2012 to presentfactForm ADV
← NOBLE, CARL, WESLEYOwnerCHIEF INVESTMENT OFFICER, ownership code NA, individual
Oct 1, 2020 to presentfactForm ADV
← KRIEBEL, DEBRA, CLOUDOwnerPARTNER / EXECUTIVE, ownership code NA, individual
Mar 26, 2012 to presentfactForm ADV
← DILLON, SEAN, PATRICKOwnerCHIEF INVESTMENT STRATEGIST, ownership code NA, individual
Oct 1, 2020 to presentfactForm ADV
← Wendell, Erin, MarieOwnerCHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, ownership code NA, individual
Mar 28, 2018 to presentfactForm ADV

Owns (2)

← VOLLARO, RICHARD, DONALDOwnerPARTNER, ownership code NA, individual
Mar 26, 2012 to presentfactForm ADV
← KITCES, MICHAEL, ERNESTOwnerPARTNER, ownership code NA, individual
Mar 26, 2012 to presentfactForm ADV

Moved with (2)

→ CW ADVISORS, LLCRegistered adviser15 advisors, firm absorbed, same day
May 17, 2021 to Jan 1, 2025factForm ADV
← THE ENRICHMENT GROUP, INC.Registered adviser2 advisors, team lift out
Sep 4, 2015 to Nov 3, 2015factForm ADV

Registered with (24)

← MINDY ELLEN GASTHALTERAdvisorregistration: previous registration
Feb 2, 2005 to May 17, 2021factForm ADV
← KELLY ROBERT WRIGHTAdvisorregistration: previous registration
Sep 28, 2016 to May 17, 2021factForm ADV
← DAVID BRAD KAUFFMANAdvisorregistration: previous registration
Feb 2, 2007 to May 17, 2021factForm ADV
← MAY H CHEUNGAdvisorregistration: previous registration
Nov 3, 2015 to May 17, 2021factForm ADV
← STEPHEN OLAN WRIGHTAdvisorregistration: previous registration
Oct 27, 2015 to May 17, 2021factForm ADV
← JOSHUA AKEROYD MASONAdvisorregistration: previous registration
Apr 3, 2007 to May 17, 2021factForm ADV
← RAOUL RODRIGUEZ-WALTERSAdvisorregistration: previous registration
May 26, 2017 to May 17, 2021factForm ADV
← JEFFREY KEITH TROLLAdvisorregistration: previous registration
Mar 23, 2005 to May 17, 2021factForm ADV
← JOSHUA KENWORTHY RIVERSAdvisorregistration: previous registration
Feb 17, 2017 to May 17, 2021factForm ADV
← CARL WESLEY NOBLEAdvisorregistration: previous registration
Nov 3, 2020 to May 17, 2021factForm ADV
← DEBRA CLOUD KRIEBELAdvisorregistration: previous registration
Jan 1, 1999 to May 17, 2021factForm ADV
← SEAN PATRICK DILLONAdvisorregistration: previous registration
Nov 19, 2020 to May 17, 2021factForm ADV
← CARRIE ELOISE DURBIN BERENAdvisorregistration: previous registration
Apr 1, 2014 to May 17, 2021factForm ADV
← MICHAEL ANDREW HAMOLIAAdvisorregistration: previous registration
Sep 19, 2012 to May 17, 2021factForm ADV
← MICHAEL K GREENAdvisorregistration: previous registration
Sep 19, 2012 to May 17, 2021factForm ADV
← MICHAEL EDWARD SHIRESAdvisorregistration: previous registration
Mar 24, 2017 to May 17, 2021factForm ADV
← Thomas William RaynorAdvisorregistration: previous registration
Jun 4, 2019 to May 17, 2021factForm ADV
← PATRICK VINCENT SCHERERAdvisorregistration: previous registration
May 14, 2020 to May 17, 2021factForm ADV
← MICHAEL ERNEST KITCESAdvisorregistration: previous registration
Feb 2, 2007 to Mar 6, 2020factForm ADV
← ANDREW JOSEPH KRONEAdvisorregistration: previous registration
Dec 4, 2009 to Sep 4, 2019factForm ADV
← BARBARA ANN RISTOWAdvisorregistration: previous registration
May 6, 2013 to Dec 8, 2016factForm ADV
← WILLIAM BRANTLEY BISSETTAdvisorregistration: previous registration
Feb 2, 2007 to May 13, 2015factForm ADV
← SOLON GEORGE VLASTOAdvisorregistration: previous registration
Mar 20, 2014 to Sep 22, 2014factForm ADV
← GABRIEL ANTHONY TRASATTIAdvisorregistration: previous registration
Jul 24, 2012 to Jan 11, 2013factForm ADV

Dated events

Occurred
Oct 1, 2020
Control person joined
Wesley Carl Noble (Chief Investment Officer) appeared on Schedule A of Pinnacle Advisory Group, Inc.
Form ADVobserved 6 days ago
Occurred
Oct 1, 2020
Control person joined
Patrick Sean Dillon (Chief Investment Strategist) appeared on Schedule A of Pinnacle Advisory Group, Inc.
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:b0252db7-9c8d-65e9-9691-acac4d789b0a
First observed: Mar 26, 2012
Last observed: Mar 9, 2021 67 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

PINNACLE ADVISORY GROUP, INC.

CRD 107757

COLUMBIA, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:b0252db7-9c8d-65e9-9691-acac4d789b0a

Data as of Mar 9, 2021 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:45 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

DILLON, SEAN, PATRICK

CHIEF INVESTMENT STRATEGIST

yes

09/2020

Oct 1, 2020

Mar 9, 2021

HILL, JOHN, ROBERT

CHIEF EXECUTIVE OFFICER

yes

07/2004

Mar 26, 2012

Mar 9, 2021

KAUFFMAN, DAVID, BRAD

PARTNER / EXECUTIVE

yes

05/2016

Aug 25, 2016

Mar 9, 2021

KRIEBEL, DEBRA, CLOUD

PARTNER / EXECUTIVE

yes

07/2004

Mar 26, 2012

Mar 9, 2021

MASON, JOSHUA, AKEROYD

PARTNER / EXECUTIVE

yes

01/2013

May 13, 2013

Mar 9, 2021

MIKULIS, DWIGHT, ANDREW

MANAGING PARTNER

yes

07/2004

Mar 26, 2012

Mar 9, 2021

NOBLE, CARL, WESLEY

CHIEF INVESTMENT OFFICER

yes

09/2020

Oct 1, 2020

Mar 9, 2021

SOLOW, KENNETH, REID

CHAIRMAN OF THE INVESTMENT COMMITTEE

yes

07/2004

Mar 26, 2012

Mar 9, 2021

TROLL, JEFFREY, KEITH

PARTNER / EXECUTIVE

yes

05/2016

Aug 25, 2016

Mar 9, 2021

Wendell, Erin, Marie

CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER

yes

01/2017

Mar 28, 2018

Mar 9, 2021

KITCES, MICHAEL, ERNEST

Partner

01/2012

Mar 26, 2012

Mar 9, 2021

VOLLARO, RICHARD, DONALD

Partner

01/2008

Mar 26, 2012

Mar 9, 2021

City

State

Country

Employees

Also broker-dealer

Miami

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2020

Mar 9, 2021

$2.3B

n/a

2019

Mar 18, 2020

$2.1B

n/a

2018

Mar 18, 2019

$2.0B

n/a

2017

Mar 28, 2018

$2.1B

n/a

2016

Mar 29, 2017

$1.8B

n/a

2015

Mar 30, 2016

$1.6B

n/a

2014

Mar 26, 2015

$1.4B

n/a

2013

Mar 10, 2014

$1.2B

n/a

2012

Feb 12, 2013

$1.0B

n/a

2011

Mar 26, 2012

$897M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2020

$2.3B

$2.1B

8.5%

$2.1B

4.2%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

CW ADVISORS, LLC

May 17, 2021

Apr 29, 2021

MIAMI, FL

Team lift out

RIA to RIA

16.7%

CW ADVISORS, LLC

May 17, 2021

Jan 1, 2025

COLUMBIA, MD

Firm absorbed

RIA to RIA

83.3%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

THE ENRICHMENT GROUP, INC.

Sep 4, 2015

Nov 3, 2015

MIAMI, FL

Team lift out

Other

66.7%